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INDIA- A Mega Market Of Tomorrow
 
Electronics is the fastest growing sector of the Indian industry and has achieved a cumulative annual growth of 20% in production and over 40% in exports.
 
The projected size of electronic hardware industry by 2010 is US$62 Billion (US$ 37 Billion for the domestic market and export revenues of US $ 25 Billion) with expected investments of over US $ 9 Billion.
 
In the liberalized environment, India is fast catching up with the world in terms of penetration of IT, Telecommunication and consumer Electronics. Based on the current growth profile, domestic PC sales are expected to touch 22 million by 2010. (Penetration of 69 per 1000 people).
 
Increase in export opportunities in contract manufacturing, design services, products and components is eminent as all the big players are in India now. (Solectron, Flextronics, Jabil, APC, Samsung, LG Electronics.)
   
 
     
     
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